get ready for a trend day tomorrow....easy money!! If i had to guess, i would say the trend is going to be down but I will let the market tell me which way its gonna go.
NO need to post a chart...take a look at a weekly chart and you can see for your self why I chose 1250. It seems to me that this is a magnet for price to go before a more serious decline.
then short the market....i will ride it higher for you!! I think there will be a more serious correction when the market reaches 1250 zone until then I am gonna stay long and strong....unless price action says otherwise.
good luck shorties.....the correction is over for the time being and the market wants to close out the week strong. Maybe a quick shot over 1200.?..so keep shorting, add some more fuel to this fire.
a little more downside in the morning to pile on some more shorts....then we go higher and trap them bears....be careful shorting this market..it wants to run higher
at 1200 the momentum traders will help catapult this pig higher then a sharp reversal(1225-50) ....? The market has just come out of a really bullish consolidation pattern....time to run those stops on the shorts
The market looks like its being pulled in the 1250 zone by options exp...then a nice healthy reversal of the entire move up from last march......at least that is what I am kinda thinking could possibly happen